đš $BTC /$USDT Daily Update â Key Support Test Ahead đš
$BTC is currently trading near $111,573, right above the long-term ascending trendline support. This level has acted as a strong foundation since April, keeping the bullish structure alive.
đ Key Levels to Watch:
Support: $110,274 â short-term bounce zone
Support: $107,260 â critical demand zone
Resistance: $115,000 â $118,000
đ Scenarios:
â Holding above $110K could fuel a rebound back to $115K+.
â Losing $107K may open the doors to a deeper correction toward $104Kâ$102K.
đ Market is at a decision point â trendline support is crucial. Traders should watch closely before taking big positions.
⥠Whatâs your outlook? Will BTC defend the trendline or break lower?